Joe Gill: Confidence is key in current economic climate

Confidence is an intangible, but powerful, agent in the economy. When you have confidence, deciding to take risks, invest, and expand is easier. Without it, the option to hold back, wait, and procrastinate is more palatable.

In an environment full of confidence, an economy expands and flourishes; the absence of confidence is a drag on momentum. In a strange way, the UK election campaign, over recent weeks, has restored Irish people’s confidence.